Job Description

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.

About Businessline/Function :

The Credit Administration team in ISPL is responsible in

• Disbursing new Loans,
• Loan Rollovers,
• Loan Repayment,
• Understand and Capturing accounting entries in system,
• Co-ordination with APAC Middle Office for query resolution,
• Preparing Daily MIS
• Coordinating with RMs and pre-checks on drawdown

Job Title:

Senior Associate

Date:

May 2023

Department:

Credit Operations

Location:

Mumbai

Business Line / Function:

Credit Operations

Reports to:

(Direct)

HOD

Grade:

(if applicable)

NA

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

- To handle the daily operations of the Loan Services Middle Office (LSMO)
- To act as Administrator for Loan Provisioning Process all APAC sites

Responsibilities

Direct Responsibilities

Bilateral Plain Vanilla Loans
- Receive loan memo and client instruction (if any) and perform pre-process check, i.e.) i)reconcile client instruction detail with loan memo ii)signature verifications,
- Perform checking credit conditions and other required conditions before loan process
- If any issues, advise Business/RMs
- Safe keep original documents (e.g., client instruction)

Syndicated and Bilateral Structures Loans
- Receive loan instruction from Agent and/or Client and verify signature
- Perform checking credit conditions and other required conditions before loan process
- If any issues, advise Business/RMs
- Prepare loan/funding memo for drawdown, rollover, repayment, early prepayment and secondary trade
- Perform agency function for designated shipping loans.
- Arrange with Treasury for funding and rate fixing.
- Handle waiver / amendment requests or other enquiry (including audit confirmation) from Client(s) or Agent.
- Prepare various reports for regulatory and control purpose during the life of the loan.
- Coordinate with relevant counterparty for providing necessary support to Corporate Banking and IBA on operation and control perspective.

All Loans
- Receive loan account opening request and send the request to respective team
- If client instructs to debit their account, check whether sufficient funds in client account
- Perform call backs to the clients
- Provide loan /payment instruction via e-Links to LS BO for processing
- Track incoming funds from counterparties
- Calculate and control of commission and fees
- Handle enquiries from internal counterparts and Back office
- Perform daily controls to ensure all instructions are sent to Back Office for processing
- Perform daily/monthly monitoring on internal accounts used for loan transactions
- Month-end past due reporting to Finance

Loan Provisioning Process for APAC
- Monthly input in *system, which is the system where provisions are calculated based on expected cash flows and other necessary information, is updated in an appropriate way.
- Provide necessary support to VPG and other site on provision booking and system operation (provisions input system)

Processing of Loans transactions to ensure that they are accurate, as per the prescribed service delivery standards and as per the SLA with the sites.
Adhere to control plans and pay attention to risk related areas in operations.
Ensure adherence to internal guidelines, compliance, screening, legal and regulatory aspects.

Ad Hoc Projects and Tasks
- Support and/or contribute on organizational & administrative tasks and Head office, Regional & Local projects
- Contribute to OPC/ORC controls, General Inspection, Regulatory inspection and external Audit mission
Preparing of monthly dashboards and KPI

Contributing Responsibilities
He or she shall possess a culture of accountability and discipline for management of risk & credit data quality at all level of organization. He or she shall have clear understanding of data definition in order to secure the data quality during all along the data lifecycle until reporting. Contribute to the Operations Permanent Control framework. Monitor turnaround times and operational efficiency. Resolve customer complaints and queries. Support MO to address ultimate client needs and resolve customer complaints if any.

Technical & Behavioral Competencies

• Skills and competencies::

Good knowledge of the loan products and business lines.
Some accounting & banking knowledge
Excellent command of MS Office (Excel + Word).
Familiarity with computer applications, MS-Office, Business Objects, Power BI and good excel skills etc.
Earlier worked on K+OMR & Loan IQ is an added feature

Planning & Organization skills (setup and follow schedules).
Oral and written communication skills (internal and external, from Business lines to Back Office).
The candidate shall be resourceful, willing to take responsibilities and accountabilities. Accuracy and commitment to the job are required.

Specific Qualifications (if required)

• NA

Skills Referential

Behavioural Skills:

Communication skills - oral & written

Attention to detail / rigor

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Transversal Skills:

Ability to manage a project

Analytical Ability

Ability to develop and adapt a process

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

NA

Qualifications

Experience and Qualifications required

• Education Level: Bachelor Degree or equivalent (

= 3 years) * Experience Level: At least 5 years

BNP Paribas